Sales of single-family homes and condominiums in the Victoria real estate market decreased substantially in July 2022 compared to the previous year. There were 2,162 active property listings at the end of July, a 70% increase from July 2021. The president of the Victoria Real Estate Board said the slowdown in the market has created a calmer environment for buyers and sellers to make decisions. Home price indexes showed price increases from July 2021 to July 2022 but declines month-over-month, indicating fluctuations in the market due to higher interest rates and inflation.
Victoria Real Estate Board November 2022 Statistics with charts and graphs. A total of 384 properties sold in the Victoria Real Estate Board region this November, 41.2 per cent
fewer than the 653 properties sold in November 2021 and 20 per cent fewer than in October 2022.
Sales of condominiums were down 42.4 per cent from November 2021 with 136 units sold. Sales of
single family homes decreased 34.1 per cent from November 2021 with 182 sold.
Victoria Real Estate Board Monthly Statistics Package September 2023.pdfVickyAulakh1
Victoria Real Estate Board Monthly Statistics Package September 2023 with detailed charts and graphs.
Victoria’s summer real estate market conditions push into September.
A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1 per cent fewer than
the 761 properties sold in September 2021 and a 14.2 per cent decrease from August 2022. Sales of
condominiums were down 58.8 per cent from September 2021 with 126 units sold. Sales of single family homes decreased 33.2 per cent from September 2021 with 221 sold.
Victoria Real Estate Board Statistics December 2022 with charts and graphs. The 2022 Victoria real estate market year in review. A total of 320 properties sold in the Victoria Real Estate Board region this December, 26.9 per cent fewer than the 438 properties sold in December 2021 and a 16.7 per cent decrease from November 2022. Sales of condominiums were down 38.2 per cent from December 2021 with 94 units sold. Sales of single family homes decreased 24.6 per cent from December 2021 with 156 sold.
Victoria Real Estate Board February 2023 Statistics with charts and graphs. Winter real estate market wraps with improved consumer confidence and more stable pricing. A total of 460 properties sold in the Victoria Real Estate Board region this February, 35.9 per cent fewer than the 718 properties sold in February 2022 but a 65.5 per cent increase from January 2023. Sales of condominiums were down
39.7 per cent from February 2022 with 161 units sold. Sales of single family homes decreased 28.8 per cent from February 2022 with 220 sold.
April 2023 Okanagan Real Estate Stats. Local Residential Real Estate Market Picking Up Speed.
KELOWNA, B.C. – June 6, 2023. Residential real estate market sales are picking up the pace after a sluggish spring market start, reports the Association of Interior REALTORS® (the Association). A total of 1,662 residential unit sales were recorded across the Association region in May representing a mild 3.4% decrease in sales compared to the same month last year, yet up compared to April’s 1,226 unit sales.
Fraser Valley Real Estate Board May 2023 Statistics Package with charts and graphs. Delayed spring activity boosts supply of property listings in the Fraser Valley. At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 per cent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues.
Victoria Real Estate Board November 2022 Statistics with charts and graphs. A total of 384 properties sold in the Victoria Real Estate Board region this November, 41.2 per cent
fewer than the 653 properties sold in November 2021 and 20 per cent fewer than in October 2022.
Sales of condominiums were down 42.4 per cent from November 2021 with 136 units sold. Sales of
single family homes decreased 34.1 per cent from November 2021 with 182 sold.
Victoria Real Estate Board Monthly Statistics Package September 2023.pdfVickyAulakh1
Victoria Real Estate Board Monthly Statistics Package September 2023 with detailed charts and graphs.
Victoria’s summer real estate market conditions push into September.
A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1 per cent fewer than
the 761 properties sold in September 2021 and a 14.2 per cent decrease from August 2022. Sales of
condominiums were down 58.8 per cent from September 2021 with 126 units sold. Sales of single family homes decreased 33.2 per cent from September 2021 with 221 sold.
Victoria Real Estate Board Statistics December 2022 with charts and graphs. The 2022 Victoria real estate market year in review. A total of 320 properties sold in the Victoria Real Estate Board region this December, 26.9 per cent fewer than the 438 properties sold in December 2021 and a 16.7 per cent decrease from November 2022. Sales of condominiums were down 38.2 per cent from December 2021 with 94 units sold. Sales of single family homes decreased 24.6 per cent from December 2021 with 156 sold.
Victoria Real Estate Board February 2023 Statistics with charts and graphs. Winter real estate market wraps with improved consumer confidence and more stable pricing. A total of 460 properties sold in the Victoria Real Estate Board region this February, 35.9 per cent fewer than the 718 properties sold in February 2022 but a 65.5 per cent increase from January 2023. Sales of condominiums were down
39.7 per cent from February 2022 with 161 units sold. Sales of single family homes decreased 28.8 per cent from February 2022 with 220 sold.
April 2023 Okanagan Real Estate Stats. Local Residential Real Estate Market Picking Up Speed.
KELOWNA, B.C. – June 6, 2023. Residential real estate market sales are picking up the pace after a sluggish spring market start, reports the Association of Interior REALTORS® (the Association). A total of 1,662 residential unit sales were recorded across the Association region in May representing a mild 3.4% decrease in sales compared to the same month last year, yet up compared to April’s 1,226 unit sales.
Fraser Valley Real Estate Board May 2023 Statistics Package with charts and graphs. Delayed spring activity boosts supply of property listings in the Fraser Valley. At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 per cent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues.
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
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Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
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Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
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Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
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Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
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☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
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Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
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Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
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Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
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500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
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1. VICTORIA REAL ESTATE BOARD
3035 Nanaimo Street
Victoria, BC
V8T 4W2
T 250.385.7766
F 250.385.8773
www.vreb.org
www.openhousesvictoria.ca
August 2, 2022
Shift in Victoria Real Estate market brings more time for buyers and sellers
A total of 510 properties sold in the Victoria Real Estate Board region this July, 38.9 per cent fewer than the 835
properties sold in July 2021 and a 16.7 per cent decrease from June 2022. Sales of condominiums were down
39.4 per cent from July 2021 with 172 units sold. Sales of single family homes decreased 35.9 per cent from July
2021 with 254 sold.
"We’d previously indicated a shift in the local housing market,” said 2022 VREB President Karen Dinnie-Smyth.
“This continued be the case in July as sales dipped, and we saw fewer listings come to the market, with more of
the existing inventory remaining for sale. This slowdown means a calmer and more friendly environment with
time for decision-making, which benefits sellers and buyers and will be a relief to many.”
There were 2,162 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of
July 2022, an increase of 5 per cent compared to the previous month of June and a 70.2 per cent increase from
the 1,270 active listings for sale at the end of July 2021.
“As a result of the higher interest rates and inflation occurring right now, we see fluctuations in price and
availability,” adds President Dinnie-Smyth. “Values will rise and fall over time, and historically local real estate
values slowly increase over time, which means despite month-to-month variations, if you are buying a home, you
have a sound, long-term investment. We need to remember that people don’t buy and sell on a month-to-month
basis and that in the larger scheme of things, housing is more than numbers. A property is a place where people
live their daily lives, raise their families, etc. It is more than a commodity, and for many it is the most important
purchase they make in their lifetime. The government’s recent focus has been on demand-side mechanisms and
other market modifiers such as a mandatory three-day cooling off period to start in 2023. A better long-term
approach to housing affordability for our future is to address housing supply constraints which will be central to
the next round of upward pressure on home prices. Consult with your REALTOR® to keep informed regarding
current values and market conditions if you are in the market to buy or sell.”
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in
July 2021 was $1,204,900. The benchmark value for the same home in July 2022 increased by 19 per cent to
$1,433,800 but was down 2.1 per cent from June's value of $1,464,400. The MLS® HPI benchmark value for a
condominium in the Victoria Core area in July 2021 was $502,600, while the benchmark value for the same
condominium in July 2022 increased by 27.3 per cent to $639,600, down by 0.5 per cent from the June value of
$643,100.
About the Victoria Real Estate Board – Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards
and innovative programs to enhance the professionalism of Realtors. The Victoria Real Estate Board represents 1,590 local Realtors. If
you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area
housing market.
PRESIDENT
Karen Dinnie-Smyth
PRESIDENT ELECT
Graden Sol
TREASURER
Jackie Ngai
PAST PRESIDENT
David Langlois
DIRECTORS
Sheila Aujla
Bev Berger
Fergus Kyne
Laurie Lidstone
Dirk VanderWal
EXECUTIVE OFFICER
David Corey
2. Sales by Property Type
Single Family Greater Victoria
Single Family Other Areas
Single Family Total All Areas
Condo Apartment
Row/Townhouse
Manufactured Home
Total Residential
Total Sales
Active Listings
Units Median$
Average$
LY%
LM% LY%
LM% LY%
LM% Units Median$
Average$ Units Median$
Average$
July 2022
237
172
43
23
492
254
510
17
2,162
291
202
66
19
589
302
612
11
2,059
380
284
89
15
784
396
835
16
1,270
$1,199,126
$598,039
$850,982
$315,422
$1,204,196
$1,274,882
$1,087,000
$550,000
$755,000
$310,000
$1,090,000
$1,188,000
$1,359,083
$640,498
$930,226
$304,576
$1,349,403
$1,093,323
$1,180,000
$565,000
$845,000
$275,000
$1,178,250
$1,050,000
$1,177,975
$545,538
$741,004
$257,853
$1,171,915
$1,027,981
$1,050,000
$484,950
$705,000
$254,000
$1,050,000
$865,000
-18.6%
-14.9%
-34.8%
21.1%
-16.5%
-15.9%
-16.7%
54.5%
5.0%
-37.6%
-39.4%
-51.7%
53.3%
-37.2%
-35.9%
-38.9%
6.3%
70.2%
-11.8%
-6.6%
-8.5%
3.6%
-10.8%
16.6%
1.8%
9.6%
14.8%
22.3%
2.8%
24.0%
-7.9%
-2.7%
-10.7%
12.7%
-7.5%
13.1%
3.5%
13.4%
7.1%
22.0%
3.8%
37.3%
June 2022 July 2021
Legend
Units: net number of listings sold
LM%: percentage change since Last Month
LY%: percentage change since This Month Last Year
Average$: average selling price
Median$: median selling price
Total Residential: includes sales of residential property types
Total Sales: includes sales of all property types
Active Listings: total listings of all types on the market at midnight on the last day of the month
This Month Last Month
Produced: 01-Aug-2022
July 2022
Previous Periods Comparison
This Month Last Year
Page 1 of 1
Victoria Real Estate Board Multiple Listing Service ®
July 2022
Statistics Package for Media
Victoria Real Estate Board July 2022 Statistics
Previous Periods Comparison of Unit Sales, Average Prices and Median Prices
Previous Periods Comparison of MLS® HPI Benchmark Prices and MLS® HPI Index Values
3. 6DOHVWR$FWLYH/LVWLQJV5DWLR
The ratio of counts of total residential sales over total active residential listings for the last 25 months
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Produced: 01-Aug-2022
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GHPDQGUHVSHFWLYHO2EVHUYLQJWKHUDWLREHWZHHQWKHPFDQWKXVKHOSLQGLFDWHDEXHUV
PDUNHW
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PDUNHWZKHUHWKHUHLV
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$VVRFLDWLRQLQHDFKPDUNHWDUHDRIWKHSURYLQFHWKH6DOHVWR$FWLYH/LVWLQJV5DWLRIRU9LFWRULDFDQEH
LQWHUSUHWHGDVIROORZV
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5. Sales to Active Listings Ratio
This chart tracks the ratio of total residential sales over total active residential listings at month-end for each of
the last 25 months.
The active listing count and the sales count can be viewed as indicators of housing supply and demand
respectively. Observing the ratio between them can thus help indicate a buyers' market, where there is
downward pressure on prices, and a sellers' market, where there is upward pressure on prices.
- below 10%, there is downward pressure on prices (buyers' market)
- above 25%, there is upward pressure on prices (sellers' market)
- in the 15-20% range, there is little pressure on prices either way (balanced market)
Victoria Real Estate Board July 2022 Statistics
Total new MLS® listings and total MLS® sales for entire district
6. The Victoria Real Estate Board uses the MLS® Home Price Index (MLS® HPI) to report on market
trends. The MLS® HPI uses the concept of a benchmark home, a notional home with common
attributes of typical homes in a defined area.
Through the analysis of over fifteen years of Victoria Real Estate Board MLS® sales data, the MLS®
HPI defined benchmark homes for Victoria in each category (single family homes, townhouses,
condos) and for each neighbourhood. The benchmark starting point was 2005, where each type of
property and neighbourhood was assigned an index value of 100.
MLS® HPI benchmark and value - Single Family Homes
Victoria Real Estate Board July 2022 Statistics
7. MLS® HPI benchmark and value - Condominium / Apartments
Victoria Real Estate Board July 2022 Statistics
8. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
July 2022 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – SF-All
Victoria – SF-All
Victoria West – SF-All
Oak Bay – SF-All
Esquimalt – SF-All
View Royal – SF-All
Saanich East – SF-All
Saanich West – SF-All
Sooke – SF-All
Langford – SF-All
Metchosin – SF-All
Colwood – SF-All
Highlands – SF-All
North Saanich – SF-All
Sidney – SF-All
Central Saanich – SF-All
ML Malahat Area –
SF-All
GI Gulf Islands – SF-All
$999,900
$998,600
$984,300
$971,900
$971,700
$963,500 $955,100
$938,000
$937,700
$934,800
$932,900
$932,400
$930,800
$930,400
$925,900
$924,000
$911,700
$906,200
$902,700 $893,900
$890,800
$888,300
$874,100 $850,800
$837,700
$837,500
$818,500
$805,100
$788,100
$777,100
$774,100
$766,800
$763,000
$759,300
$757,200
$748,000
$734,600
$723,300
$708,700
$698,400
$692,800
$692,500
$674,900
$655,700
$642,800
$638,000
$634,800
$634,500
$623,500
$600,100
$585,400
$556,500
$519,700
$516,800
$503,700
$475,900
$469,000
$446,700
$436,800
$417,900
$384,500
$370,800
$355,800
$336,900
$330,600
$327,600
$319,700
$303,500
$303,200
$302,700
$294,100
$288,400
$270,400
$1,990,800
$1,935,600 $1,925,500 $1,727,300 $1,667,900
$1,552,200
$1,537,300
$1,536,900 $1,526,000
$1,522,700
$1,502,600
$1,489,400
$1,465,000 $1,442,300
$1,434,800
$1,403,800
$1,401,800
$1,373,000
$1,370,100 $1,366,700
$1,347,900
$1,336,400
$1,308,700
$1,303,700
$1,301,300
$1,299,200
$1,297,100
$1,285,300
$1,280,600 $1,275,400
$1,243,100
$1,240,200
$1,233,800
$1,230,000
$1,226,200
$1,219,900
$1,214,100
$1,201,800
$1,196,400
$1,194,300
$1,187,700
$1,177,400
$1,174,100
$1,159,600
$1,157,800
$1,157,800
$1,148,100
$1,146,400
$1,142,100
$1,136,800 $1,127,500
$1,120,700
$1,109,600
$1,109,400
$1,108,500
$1,103,600
$1,103,400
$1,093,900
$1,091,600
$1,084,700
$1,077,800
$1,077,300
$1,073,600
$1,065,200
$1,060,500
$1,050,300
$1,038,800
$1,031,600
$1,020,800
$1,012,400
$1,011,600
Benchmark Price by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Single Family-All (SF-All)
9. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
July 2022 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – SF-All
Victoria – SF-All
Victoria West – SF-All
Oak Bay – SF-All
Esquimalt – SF-All
View Royal – SF-All
Saanich East – SF-All
Saanich West – SF-All
Sooke – SF-All
Langford – SF-All
Metchosin – SF-All
Colwood – SF-All
Highlands – SF-All
North Saanich – SF-All
Sidney – SF-All
Central Saanich – SF-All
ML Malahat Area –
SF-All
GI Gulf Islands – SF-All
378.7
375.2
370.6
368.8
367.3
366.5
366.5
366.2
366.0
365.2
364.6
362.5
360.8
356.7
356.4
356.3
356.1
355.6
355.4
355.3
354.5
354.0
352.7
350.9
350.8
350.6
350.2
350.2
349.4
347.0
346.9
346.8
346.3
345.7
345.4
345.1
345.0
344.0
342.4
340.8
340.2
340.0
331.7
331.0
330.2
328.5
327.7
327.7 325.4
323.0
322.5
322.5 320.9
320.0
316.7
316.2
315.7
315.0
314.3
314.2
314.2
313.2
312.7
309.7
308.8
308.6
307.0
300.4
299.3
297.7
297.0
292.0
291.9
288.4
288.0
287.8
286.0
284.6
282.2
280.8
280.7
280.3
279.2
277.9
277.9
274.1
273.0
269.7
252.6
250.2
235.5
234.8
233.7
232.5
230.7
230.6
229.0
228.5
218.8
218.0
217.6
217.2
216.9
216.6
216.1
212.5
212.0
210.2
207.2
206.8
206.0
205.8
205.6
203.0
198.6
198.4
197.0
195.0
193.7
191.8
187.2
186.3
180.2
177.9
170.3 147.2 100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPI by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Single Family-All (SF-All)
10. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
July 2022 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Con
Victoria – Con
Victoria West – Con
Oak Bay – Con
Esquimalt – Con
View Royal – Con
Saanich East – Con
Saanich West – Con
Sooke – Con
Langford – Con
Colwood – Con
North Saanich – Con
Sidney – Con
Central Saanich – Con
$880,400 $871,400
$862,200
$852,200
$828,100
$799,500
$799,400
$798,400
$779,900
$777,700 $712,100
$710,400
$706,400
$702,400
$676,500 $670,400
$666,400
$660,000
$657,900
$657,000
$650,100
$635,800
$635,700
$630,100
$628,300
$628,100 $618,900
$617,700
$611,900
$610,700
$603,500
$601,100
$598,100
$597,800
$595,200
$591,500
$590,500
$589,900
$585,900
$583,700
$582,200
$580,800
$575,500
$574,200
$571,000
$560,800
$559,700
$558,600
$556,600
$552,900
$552,800
$549,900
$549,600
$546,100
$538,000
$537,300
$533,800
$519,300
$512,400
$506,000
$501,000
$501,000
$498,200 $489,800
$488,800
$483,000
$480,000
$479,300
$476,600
$476,200
$470,700
$470,300
$465,800
$458,000
$457,300
$456,600
$453,100
$435,400
$431,400
$426,000
$416,800
$414,100
$413,700
$411,400
$393,500
$390,600
$389,900
$379,700
$376,200
$374,200
$368,600
$357,900
$356,000
$339,700
$337,400
$315,500
$306,700
$285,500
$255,200
$234,200
$231,100
$199,200
$195,700
$195,500
$169,900
$167,000
$159,100
$152,000
$150,200
$143,700
$131,400
$115,000
Benchmark Price by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)
11. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
July 2022 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Con
Victoria – Con
Victoria West – Con
Oak Bay – Con
Esquimalt – Con
View Royal – Con
Saanich East – Con
Saanich West – Con
Sooke – Con
Langford – Con
Colwood – Con
North Saanich – Con
Sidney – Con
Central Saanich – Con
437.0
433.2
426.8
425.9
415.6
410.9
409.3
406.2 404.2
399.6
399.6
389.1
388.2
383.0
381.3
381.0 377.1
375.7
373.1
371.9
370.9
370.4
369.7
366.4
365.9
365.7
364.3
363.9
362.7
359.9
358.2
356.6
353.6
345.7
345.6
342.6
340.9
339.0
337.6
337.5
336.2
336.1
332.9
332.5
325.4
325.4
319.6
315.3
308.4
307.4
304.0
301.7
301.6
300.9
300.1
298.8
297.3
295.6
294.9
294.4
294.1
290.0
287.0
286.0
284.5
280.0
280.0
272.4
271.9
269.7
266.7
260.7
260.3
258.5
258.3
256.3
249.4
249.1
247.5
246.0
245.4
243.6
240.8
238.0
236.0
229.9
224.1
223.8
223.5
222.0
221.9
211.6
210.2
210.1
209.5
205.0
197.5
169.2
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPI by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)
12. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
July 2022 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Twn
Victoria – Twn
Victoria West – Twn
Esquimalt – Twn
View Royal – Twn
Saanich East – Twn
Saanich West – Twn
Sooke – Twn
Langford – Twn
Colwood – Twn
Sidney – Twn
Central Saanich – Twn
ML Malahat Area – Twn
GI Gulf Islands – Twn
$968,700 $966,400
$963,900
$955,800
$941,100
$938,300
$921,600
$890,200
$884,500
$877,200
$875,600
$874,400 $864,600
$861,300
$857,400
$855,300
$852,600 $850,300
$847,800 $845,200
$844,500
$840,600
$840,500
$839,700
$827,000
$824,600
$816,000
$809,400
$805,200
$804,500
$802,500
$800,300
$797,400
$792,700
$791,400
$790,200
$782,300 $781,500
$775,600
$773,500
$773,200
$768,400
$767,500
$765,000
$757,300
$752,800
$752,600
$750,000
$742,500
$740,600
$740,300
$738,100
$736,200
$735,200
$706,200
$705,900
$698,800
$696,700
$691,600
$684,300
$680,500
$673,100
$661,400
$655,500
$653,700
$653,600
$648,100
$647,600
$632,000
$628,000
$627,800
$627,200
$612,700
$603,500
$569,000
$568,900
$563,800
$561,500
$554,500
$548,500
$510,000
$507,500
$505,400
$505,300
$503,200
$499,900
$496,000
$487,600
$481,500
$476,400
$466,200
$460,200
$444,500
$429,800
$428,600
$409,800
$386,300
$382,700
$321,500
$295,200
$288,500
$258,200
$254,800
$245,700
$244,300
$240,700
$232,300
$221,100
$219,500
$213,400
$212,000
$201,100
Benchmark Price by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Townhouse (Twn)
13. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
July 2022 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Twn
Victoria – Twn
Victoria West – Twn
Esquimalt – Twn
View Royal – Twn
Saanich East – Twn
Saanich West – Twn
Sooke – Twn
Langford – Twn
Colwood – Twn
Sidney – Twn
Central Saanich – Twn
ML Malahat Area – Twn
GI Gulf Islands – Twn
435.4
427.5
410.0
405.6
402.5
393.9
387.5
384.7
376.6
365.8
364.2
362.3
362.0
360.0
358.5
357.0
352.6
351.0
351.0
349.8
349.3
348.1
345.0
343.0
336.8 336.4
330.2
329.9
329.6
329.6
329.3
328.9
327.6
327.4
326.5
320.3
319.4
318.8
316.5
310.8
308.5
308.1
307.6
303.5
301.6
301.3 300.6
300.4
299.9
298.1
296.3
296.2
293.9
293.1
293.0
292.9
287.3
286.7
286.0
275.5
273.9
272.3
271.5
268.1
267.1
265.0
263.8
260.0
248.0
236.9
236.4
235.8
231.6
230.8
227.7
227.2
227.1
221.4
219.5
215.3
214.8
212.7
208.1
206.6
203.0
202.2
201.4
195.7
195.1
194.6
193.7
191.4
191.3
190.3
187.7
175.2
174.7
170.3
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPI by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Townhouse (Twn)
14. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – SF-All Core – SF-All Westshore – SF-All Peninsula – SF-All
Select Date Range:
All values
Jan 2003
Jan 2005
Jan 2007
Jan 2009
Jan 2011
Jan 2013
Jan 2015
Jan 2017
Jan 2019
Jan 2021
Jan 2023
Benchmark Price ($)
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
Multiple values
2. Property Type
– Single Family-All (SF-All)
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels
15. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – Con Core – Con Westshore – Con Peninsula – Con
Select Date Range:
All values
Jan 2003
Jan 2005
Jan 2007
Jan 2009
Jan 2011
Jan 2013
Jan 2015
Jan 2017
Jan 2019
Jan 2021
Jan 2023
Benchmark Price ($)
100,000
200,000
300,000
400,000
500,000
600,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels
16. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – Twn Core – Twn Westshore – Twn Peninsula – Twn
Select Date Range:
All values
Jan 2003
Jan 2005
Jan 2007
Jan 2009
Jan 2011
Jan 2013
Jan 2015
Jan 2017
Jan 2019
Jan 2021
Jan 2023
Benchmark Price ($)
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
Multiple values
2. Property Type
– Townhouse (Twn)
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels
18. Monthly Sales Summary (Mark I)
Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
July 2022
District
Produced: 01-Aug-2022
Residential
Single Family Detached
l
Greater Victoria
Victoria / Victoria West 29 $35,136,510
Oak Bay 9 $17,545,000
Esquimalt 12 $12,151,000
View Royal 8 $8,870,000
Saanich East 42 $61,834,600
Saanich West 19 $22,598,000
Central Saanich 7 $10,534,900
North Saanich 6 $9,130,000
Sidney 10 $10,086,000
Highlands 2 $2,005,000
Colwood 21 $22,630,199
Langford 30 $31,977,300
Metchosin 3 $4,575,000
Sooke 20 $18,205,795
Gulf Islands 19 $16,913,445
Total Greater Victoria 237 $284,192,749
Other Areas
Malahat Area 16 $21,101,500
UpIsland / Mainland 1 $571,500
Total Other Areas 17 $21,673,000
Total Single Family Detached 254 $305,865,749
Condo Apartment
l
Greater Victoria
Victoria / Victoria West 64 $39,610,298
Oak Bay 1 $650,000
Esquimalt 4 $2,051,400
View Royal 21 $13,941,600
Saanich East 22 $11,166,523
Saanich West 12 $6,743,000
Central Saanich 3 $1,521,800
North Saanich 1 $785,000
Sidney 12 $8,257,005
Colwood 9 $4,574,500
Langford 22 $13,190,515
Sooke 1 $371,000
Total Greater Victoria 172 $102,862,641
Total Condo Apartment 172 $102,862,641
Page 1 of 3
Victoria Real Estate Board Multiple Listing Service ®
19. Monthly Sales Summary (Mark I)
Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
July 2022
District
Produced: 01-Aug-2022
Row/Townhouse
l
Greater Victoria
Victoria / Victoria West 5 $4,752,000
Oak Bay 3 $4,370,000
Esquimalt 2 $1,342,000
View Royal 5 $3,840,000
Saanich East 9 $7,963,200
Saanich West 4 $3,066,500
Central Saanich 2 $1,264,000
North Saanich 1 $951,000
Sidney 2 $1,840,000
Colwood 2 $1,523,518
Langford 5 $3,860,000
Sooke 1 $595,000
Gulf Islands 1 $575,000
Total Greater Victoria 42 $35,942,218
Other Areas
Malahat Area 1 $650,000
Total Other Areas 1 $650,000
Total Row/Townhouse 43 $36,592,218
Manufactured Home
l
Greater Victoria
View Royal 1 $430,000
Central Saanich 4 $1,632,199
Sidney 2 $1,030,100
Langford 11 $2,563,400
Sooke 2 $545,000
Gulf Islands 2 $784,000
Total Greater Victoria 22 $6,984,699
Other Areas
Malahat Area 1 $270,000
Total Other Areas 1 $270,000
Total Manufactured Home 23 $7,254,699
Total Residential 492 $452,575,307
Page 2 of 3
Victoria Real Estate Board Multiple Listing Service ®
20. Monthly Sales Summary (Mark I)
Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
July 2022
District
Produced: 01-Aug-2022
$462,695,289
510
Grand Totals
Other Property
Lots Acreage
l
Greater Victoria
Saanich East 1 $975,000
North Saanich 1 $800,000
Sooke 1 $369,900
Gulf Islands 7 $3,301,000
Total Greater Victoria 10 $5,445,900
Other Areas
Malahat Area 1 $1,400,000
Total Other Areas 1 $1,400,000
Total Lots Acreage 11 $6,845,900
1 $2,885,000
Commercial Land
l
6 $389,083
Other Commercial Properties
l
Page 3 of 3
Victoria Real Estate Board Multiple Listing Service ®
21. Monthly Sales Summary (Mark II)
Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
July 2022
District
Produced: 01-Aug-2022
Residential
Single Family Detached
l
Greater Victoria
Victoria 27 $32,371,510
Victoria West 1 $1,275,000
Oak Bay 9 $17,545,000
Esquimalt 12 $12,151,000
View Royal 7 $7,290,000
Saanich East 42 $61,834,600
Saanich West 17 $19,023,000
Central Saanich 6 $6,539,900
North Saanich 5 $6,230,000
Sidney 10 $10,086,000
Highlands 2 $2,005,000
Colwood 21 $22,630,199
Langford 30 $31,977,300
Metchosin 3 $4,575,000
Sooke 19 $16,920,795
Gulf Islands 14 $11,569,250
Waterfront (all districts) 12 $20,169,195
Total Greater Victoria 237 $284,192,749
Other Areas
Malahat Area 15 $17,603,500
UpIsland / Mainland 1 $571,500
Waterfront (all districts) 1 $3,498,000
Total Other Areas 17 $21,673,000
Total Single Family Detached 254 $305,865,749
Condo Apartment
l
Greater Victoria
Victoria 51 $28,173,898
Victoria West 9 $6,571,400
Oak Bay 1 $650,000
Esquimalt 4 $2,051,400
View Royal 20 $13,292,600
Saanich East 22 $11,166,523
Saanich West 10 $5,753,000
Central Saanich 2 $939,800
North Saanich 1 $785,000
Sidney 11 $6,867,005
Colwood 9 $4,574,500
Langford 22 $13,190,515
Waterfront (all districts) 10 $8,847,000
Total Greater Victoria 172 $102,862,641
Total Condo Apartment 172 $102,862,641
Page 1 of 3
Victoria Real Estate Board Multiple Listing Service ®
22. Monthly Sales Summary (Mark II)
Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
July 2022
District
Produced: 01-Aug-2022
Row/Townhouse
l
Greater Victoria
Victoria 3 $2,452,000
Victoria West 1 $650,000
Oak Bay 2 $2,870,000
Esquimalt 2 $1,342,000
View Royal 5 $3,840,000
Saanich East 9 $7,963,200
Saanich West 4 $3,066,500
Central Saanich 2 $1,264,000
North Saanich 1 $951,000
Sidney 1 $615,000
Colwood 2 $1,523,518
Langford 5 $3,860,000
Sooke 1 $595,000
Gulf Islands 1 $575,000
Waterfront (all districts) 3 $4,375,000
Total Greater Victoria 42 $35,942,218
Other Areas
Malahat Area 1 $650,000
Total Other Areas 1 $650,000
Total Row/Townhouse 43 $36,592,218
Manufactured Home
l
Greater Victoria
View Royal 1 $430,000
Central Saanich 4 $1,632,199
Sidney 2 $1,030,100
Langford 11 $2,563,400
Sooke 2 $545,000
Gulf Islands 2 $784,000
Total Greater Victoria 22 $6,984,699
Other Areas
Malahat Area 1 $270,000
Total Other Areas 1 $270,000
Total Manufactured Home 23 $7,254,699
Total Residential 492 $452,575,307
Page 2 of 3
Victoria Real Estate Board Multiple Listing Service ®
23. Monthly Sales Summary (Mark II)
Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
July 2022
District
Produced: 01-Aug-2022
$462,695,289
510
Grand Totals
Other Property
Lots Acreage
l
Greater Victoria
Saanich East 1 $975,000
North Saanich 1 $800,000
Sooke 1 $369,900
Gulf Islands 7 $3,301,000
Total Greater Victoria 10 $5,445,900
Other Areas
Malahat Area 1 $1,400,000
Total Other Areas 1 $1,400,000
Total Lots Acreage 11 $6,845,900
1 $2,885,000
Commercial Land
l
6 $389,083
Other Commercial Properties
l
Page 3 of 3
Victoria Real Estate Board Multiple Listing Service ®
24. Sales to Active Listings Ratio
The ratio of counts of total residential sales over total active residential listings for the last 25 months
July 2022
Produced: 01-Aug-2022
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
110%
120%
Jul
2020
Aug
2020
Sep
2020
Oct
2020
Nov
2020
Dec
2020
Jan
2021
Feb
2021
Mar
2021
Apr
2021
May
2021
Jun
2021
Jul
2021
Aug
2021
Sep
2021
Oct
2021
Nov
2021
Dec
2021
Jan
2022
Feb
2022
Mar
2022
Apr
2022
May
2022
Jun
2022
Jul
2022
The Sales to Active Listings Ratio
This chart tracks the ratio of total residential sales over total active residential listings at month-end for
each of the last 25 months.
The active listing count and the sales count can be viewed as indicators of housing supply and
demand respectively. Observing the ratio between them can thus help indicate a buyers' market,
where there is sustained downward pressure on prices, and a sellers' market, where there is
sustained upward pressure on prices.
Based on a regression analysis performed by the Economics Department of the BC Real Estate
Association in each market area of the province, the Sales to Active Listings Ratio for Victoria can be
interpreted as follows:
- below 14%, there is downward pressure on prices (buyers' market)
- above 20%, there is upward pressure on prices (sellers' market)
- in the 14-20% range, there is little pressure on prices either way (balanced market)
Victoria Real Estate Board Multiple Listing Service ® Page 1 of 1
25. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Single Family - Residential
Units Listed 428
Units Sold 199
Sell/List Ratio 46
Sales Dollars $226,736,409
Average Price / Unit $1,139,379
Price Ratio 97
Days To Sell 26
Active Listings at Month End 728
%
%
348
301
86
$344,396,691
$1,144,175
102
19
304
%
%
23
-34
-34
0
35
139
%
%
%
%
%
%
3174
1777
56
$2,352,403,799
$1,323,806
103
15
%
%
3111
2528
81
$2,845,665,220
$1,125,659
103
18
%
%
2
-30
-17
18
-16
%
%
%
%
%
Single Family - Residential Waterfront
Units Listed 51
Units Sold 13
Sell/List Ratio 25
Sales Dollars $23,667,195
Average Price / Unit $1,820,553
Price Ratio 97
Days To Sell 33
Active Listings at Month End 140
%
%
28
23
82
$38,480,625
$1,673,071
97
31
68
%
%
82
-43
-38
9
5
106
%
%
%
%
%
%
289
108
37
$295,208,662
$2,733,414
98
36
%
%
249
166
67
$331,867,123
$1,999,200
99
51
%
%
16
-35
-11
37
-28
%
%
%
%
%
Single Family - Residential Acreage
Units Listed 45
Units Sold 21
Sell/List Ratio 47
Sales Dollars $32,640,745
Average Price / Unit $1,554,321
Price Ratio 98
Days To Sell 26
Active Listings at Month End 128
%
%
34
30
88
$46,481,999
$1,549,400
101
19
67
%
%
32
-30
-30
0
37
91
%
%
%
%
%
%
327
156
48
$251,142,843
$1,609,890
99
29
%
%
304
235
77
$356,967,884
$1,519,012
100
41
%
%
8
-34
-30
6
-30
%
%
%
%
%
Condo Apartment
Units Listed 313
Units Sold 172
Sell/List Ratio 55
Sales Dollars $102,862,641
Average Price / Unit $598,039
Price Ratio 99
Days To Sell 22
Active Listings at Month End 435
%
%
317
284
90
$154,932,927
$545,538
100
28
376
%
%
-1
-39
-34
10
-19
16
%
%
%
%
%
%
2363
1620
69
$1,068,176,487
$659,368
102
17
%
%
2692
2161
80
$1,159,380,985
$536,502
100
27
%
%
-12
-25
-8
23
-39
%
%
%
%
%
Page 1 of 8
Victoria Real Estate Board Multiple Listing Service ®
26. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Row/Townhouse
Units Listed 107
Units Sold 43
Sell/List Ratio 40
Sales Dollars $36,592,218
Average Price / Unit $850,982
Price Ratio 98
Days To Sell 24
Active Listings at Month End 151
%
%
95
89
94
$65,949,393
$741,004
102
16
75
%
%
13
-52
-45
15
49
101
%
%
%
%
%
%
805
521
65
$466,476,600
$895,349
104
16
%
%
871
756
87
$535,946,357
$708,924
102
23
%
%
-8
-31
-13
26
-28
%
%
%
%
%
Half Duplex (Up and Down)
Units Listed 0
Units Sold 2
Sell/List Ratio
Sales Dollars $2,460,000
Average Price / Unit $1,230,000
Price Ratio 96
Days To Sell 24
Active Listings at Month End 2
%
%
1
3
300
$1,975,400
$658,467
97
30
3
%
%
-100
-33
25
87
-21
-33
%
%
%
%
%
%
14
8
57
$10,060,100
$1,257,513
96
73
%
%
15
10
67
$10,809,300
$1,080,930
103
19
%
%
-7
-20
-7
16
286
%
%
%
%
%
Half Duplex (Side by Side)
Units Listed 16
Units Sold 15
Sell/List Ratio 94
Sales Dollars $15,070,400
Average Price / Unit $1,004,693
Price Ratio 98
Days To Sell 27
Active Listings at Month End 39
%
%
17
25
147
$21,424,300
$856,972
100
28
15
%
%
-6
-40
-30
17
-2
160
%
%
%
%
%
%
202
113
56
$105,046,101
$929,612
104
16
%
%
203
177
87
$140,158,715
$791,857
103
22
%
%
0
-36
-25
17
-30
%
%
%
%
%
Half Duplex (Front and Back)
Units Listed 5
Units Sold 3
Sell/List Ratio 60
Sales Dollars $2,791,000
Average Price / Unit $930,333
Price Ratio 101
Days To Sell 20
Active Listings at Month End 8
%
%
6
5
83
$3,776,400
$755,280
102
20
4
%
%
-17
-40
-26
23
1
100
%
%
%
%
%
%
42
19
45
$17,384,300
$914,963
100
19
%
%
35
24
69
$19,466,050
$811,085
105
14
%
%
20
-21
-11
13
36
%
%
%
%
%
Page 2 of 8
Victoria Real Estate Board Multiple Listing Service ®
27. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Recreational
Units Listed 2
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 12
%
%
5
3
60
$822,750
$274,250
108
15
8
%
%
-60
-100
-100
50
%
%
%
%
%
%
28
14
50
$3,050,250
$217,875
95
53
%
%
20
18
90
$3,423,600
$190,200
101
243
%
%
40
-22
-11
15
-78
%
%
%
%
%
Manufactured Home
Units Listed 18
Units Sold 23
Sell/List Ratio 128
Sales Dollars $7,254,699
Average Price / Unit $315,422
Price Ratio 97
Days To Sell 44
Active Listings at Month End 40
%
%
31
15
48
$3,867,800
$257,853
99
32
40
%
%
-42
53
88
22
40
0
%
%
%
%
%
%
177
124
70
$44,029,578
$355,077
99
35
%
%
165
111
67
$39,680,056
$357,478
100
35
%
%
7
12
11
-1
-1
%
%
%
%
%
Residential Lots
Units Listed 25
Units Sold 6
Sell/List Ratio 24
Sales Dollars $3,036,900
Average Price / Unit $506,150
Price Ratio 98
Days To Sell 18
Active Listings at Month End 103
%
%
20
23
115
$12,921,099
$561,787
94
35
48
%
%
25
-74
-76
-10
-48
115
%
%
%
%
%
%
211
75
36
$46,155,947
$615,413
97
27
%
%
184
159
86
$79,620,481
$500,758
98
81
%
%
15
-53
-42
23
-66
%
%
%
%
%
Residential Lots - Waterfront
Units Listed 5
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 10
%
%
2
1
50
$209,900
$209,900
100
153
8
%
%
150
-100
-100
25
%
%
%
%
%
%
24
8
33
$5,248,000
$656,000
98
41
%
%
24
28
117
$16,037,595
$572,771
97
195
%
%
0
-71
-67
15
-79
%
%
%
%
%
Page 3 of 8
Victoria Real Estate Board Multiple Listing Service ®
28. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Residential Acreage
Units Listed 25
Units Sold 4
Sell/List Ratio 16
Sales Dollars $3,139,000
Average Price / Unit $784,750
Price Ratio 97
Days To Sell 33
Active Listings at Month End 61
%
%
7
9
129
$5,856,000
$650,667
104
128
26
%
%
257
-56
-46
21
-74
135
%
%
%
%
%
%
108
40
37
$32,832,800
$820,820
95
76
%
%
74
66
89
$42,241,900
$640,029
99
109
%
%
46
-39
-22
28
-30
%
%
%
%
%
Residential Acreage - Waterfront
Units Listed 5
Units Sold 1
Sell/List Ratio 20
Sales Dollars $670,000
Average Price / Unit $670,000
Price Ratio 96
Days To Sell 39
Active Listings at Month End 17
%
%
4
0
$0
8
%
%
25
113
%
%
%
%
%
%
22
6
27
$3,878,380
$646,397
103
77
%
%
24
26
108
$26,563,900
$1,021,688
93
188
%
%
-8
-77
-85
-37
-59
%
%
%
%
%
Revenue - Duplex/Triplex
Units Listed 4
Units Sold 1
Sell/List Ratio 25
Sales Dollars $2,500,000
Average Price / Unit $2,500,000
Price Ratio 50
Days To Sell 55
Active Listings at Month End 9
%
%
5
6
120
$6,720,000
$1,120,000
96
21
7
%
%
-20
-83
-63
123
168
29
%
%
%
%
%
%
50
32
64
$45,785,999
$1,430,812
98
18
%
%
72
40
56
$46,248,296
$1,156,207
102
18
%
%
-31
-20
-1
24
-1
%
%
%
%
%
Revenue - Multi Units
Units Listed 7
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 21
%
%
10
3
30
$6,555,000
$2,185,000
99
117
23
%
%
-30
-100
-100
-9
%
%
%
%
%
%
58
17
29
$31,272,000
$1,839,529
101
76
%
%
50
24
48
$58,217,500
$2,425,729
96
81
%
%
16
-29
-46
-24
-6
%
%
%
%
%
Page 4 of 8
Victoria Real Estate Board Multiple Listing Service ®
29. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Revenue - Apartment Block
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
0
0
$0
%
%
0
0
$0
%
%
%
%
%
%
%
Revenue - Commercial
Units Listed 12
Units Sold 1
Sell/List Ratio 8
Sales Dollars $339,000
Average Price / Unit $339,000
Price Ratio 97
Days To Sell 40
Active Listings at Month End 33
%
%
8
5
63
$4,513,000
$902,600
95
201
31
%
%
50
-80
-92
-62
-80
6
%
%
%
%
%
%
57
25
44
$36,115,112
$1,444,604
97
55
%
%
56
23
41
$26,886,796
$1,168,991
98
114
%
%
2
9
34
24
-52
%
%
%
%
%
Revenue - Industrial
Units Listed 2
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 9
%
%
4
1
25
$498,750
$498,750
104
26
11
%
%
-50
-100
-100
-18
%
%
%
%
%
%
25
19
76
$16,036,600
$844,032
99
50
%
%
21
12
57
$16,662,868
$1,388,572
97
84
%
%
19
58
-4
-39
-41
%
%
%
%
%
Business with Land Building
Units Listed 1
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 6
%
%
0
1
$2,065,686
$2,065,686
83
137
3
%
%
-100
-100
100
%
%
%
%
%
%
6
0
0
$0
%
%
5
2
40
$3,403,186
$1,701,593
85
142
%
%
20
-100
-100
%
%
%
%
%
Page 5 of 8
Victoria Real Estate Board Multiple Listing Service ®
30. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Business Only
Units Listed 10
Units Sold 1
Sell/List Ratio 10
Sales Dollars $50,000
Average Price / Unit $50,000
Price Ratio 77
Days To Sell 41
Active Listings at Month End 67
%
%
16
2
13
$425,000
$212,500
94
244
42
%
%
-38
-50
-88
-76
-83
60
%
%
%
%
%
%
72
11
15
$1,571,500
$142,864
88
116
%
%
62
13
21
$3,166,500
$243,577
94
178
%
%
16
-15
-50
-41
-35
%
%
%
%
%
Motel/Hotel
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
0
0
$0
%
%
0
0
$0
%
%
%
%
%
%
%
Lease - Office
Units Listed 8
Units Sold 3
Sell/List Ratio 38
Sales Dollars $65
Average Price / Unit $22
Price Ratio 93
Days To Sell 84
Active Listings at Month End 75
%
%
6
2
33
$53
$27
104
223
56
%
%
33
50
22
-19
-62
34
%
%
%
%
%
%
81
16
20
$70,784
$4,424
7931
89
%
%
62
15
24
$2,021
$135
97
137
%
%
31
7
3402
3183
-35
%
%
%
%
%
Lease - Retail
Units Listed 3
Units Sold 1
Sell/List Ratio 33
Sales Dollars $18
Average Price / Unit $18
Price Ratio 90
Days To Sell 92
Active Listings at Month End 35
%
%
3
2
67
$52
$26
91
352
26
%
%
0
-50
-65
-31
-74
35
%
%
%
%
%
%
43
15
35
$1,833
$122
100
82
%
%
45
20
44
$8,729
$436
92
144
%
%
-4
-25
-79
-72
-43
%
%
%
%
%
Page 6 of 8
Victoria Real Estate Board Multiple Listing Service ®
31. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Lease - Warehouse
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
0
0
$0
%
%
0
0
$0
%
%
%
%
%
%
%
Lease - Industrial
Units Listed 3
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 12
%
%
3
1
33
$19
$19
106
41
8
%
%
0
-100
-100
50
%
%
%
%
%
%
15
3
20
$55
$18
97
63
%
%
13
2
15
$37
$19
103
45
%
%
15
50
49
-1
41
%
%
%
%
%
Lease - Other
Units Listed 2
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 3
%
%
1
1
100
$23
$23
100
20
3
%
%
100
-100
-100
0
%
%
%
%
%
%
2
1
50
$23
$23
100
157
%
%
5
2
40
$2,890,603
$1,445,302
7606850
95
%
%
-60
-50
-100
-100
66
%
%
%
%
%
Commercial Land
Units Listed 4
Units Sold 1
Sell/List Ratio 25
Sales Dollars $2,885,000
Average Price / Unit $2,885,000
Price Ratio 96
Days To Sell 41
Active Listings at Month End 18
%
%
0
0
$0
10
%
%
80
%
%
%
%
%
%
26
4
15
$22,810,000
$5,702,500
97
76
%
%
11
6
55
$12,857,500
$2,142,917
95
253
%
%
136
-33
77
166
-70
%
%
%
%
%
Page 7 of 8
Victoria Real Estate Board Multiple Listing Service ®
32. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
July 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Aug-2022
Units Listed 1101
Units Sold 510
Sell/List Ratio 46
Sales Dollars $462,695,289
Average Price / Unit $907,246
Price Ratio 97
Days To Sell 26
Active Listings at Month End 2162
%
%
Grand Totals
971
835
86
$721,872,867
$864,518
101
28
1270
%
%
13
-39
-36
5
-6
70
%
%
%
%
%
%
8221
4732
58
$4,854,757,753
$1,025,942
102
20
%
%
8373
6624
79
$5,778,173,202
$872,309
102
30
%
%
-2
-29
-16
18
-34
%
%
%
%
%
Page 8 of 8
Victoria Real Estate Board Multiple Listing Service ®